Job Information
Santander US USA Director, Credit Risk in New York, New York
USA Director, Credit Risk
Country: United States of America
Responsibilities
Responsible for evaluating quantitative and qualitative analysis of counterparty risk
Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds
Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority
Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts
Review new and significant businesses or transactions to ensure proper risk controls
Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools
Negotiation of documentation, including MRA, MSFTA and FCM
Collaborate with Operations and Margin Group to resolve credit-exposure related matters
Monitor counterparty credit exposure and credit utilization
Ensure the accuracy of key risk measurements
Maintain Credit Risk Policies and Procedures
Qualifications
Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)
15+ years of experience in financial services and risk management required
Strong understanding of the Repo Market and MBS markets
Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation
Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products
Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts
Advanced knowledge in risk identification, risk assessment, controls development and reporting
Developing relationships with key stakeholders within the Broker and across the Bank
Knowledge and familiarity with SQL and VBA a plus
Bachelor's degree/University degree or equivalent experience
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range
Minimum:
$142,500.00 USD
Maximum:
$250,000.00 USD
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC
Salary: $123,750 - $220,000/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Santander US
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